Market Digest: Wall Street Flashes Green as BTC Crashes to $106K and Gold Slips

Key takeaways:

Bitcoin fell to $106,057, extending losses amid rising macro uncertainty.
Gold slipped to $3,293.65, weighed down by broader market anxiety as investors reassessed safe-haven demand.
S&P 500 and Nasdaq closed modestly higher, led by tech gains, especially NVIDIA.
Tariff turmoil returned after an appeals court reinstated Trump’s import duties, sparking fresh concern across global markets.

On May 30, 2025, Wall Street flashed green as tech gains helped lift U.S. equities. Meanwhile, Bitcoin dropped to $106K and gold fell to $3,293, reflecting deeper turbulence beneath the surface.

Markets faced renewed volatility after a U.S. federal appeals court temporarily reinstated Trump’s sweeping “Liberation Day” tariffs, reversing a lower court’s ruling that had deemed them unconstitutional.

The tariffs, which target goods from China, Canada, Mexico, and other partners, were originally blocked due to concerns over presidential overreach. However, after a federal appeals court granted a temporary stay, the tariffs are back in effect while the case proceeds.

The legal back-and-forth has shaken investor confidence and reignited uncertainty surrounding U.S. trade policy.

Global Indices

S&P 500: 5,912.18 (+0.4%)
Dow Jones Industrial Average: 42,215.73 (+0.28%)
Nasdaq Composite: 19,175.87 (+0.39%)
Nikkei 225: 37,990.00 (−1.33%)
Euronext 100: 1,585.17 (−0.03%)
FTSE 100: 8,739.90 (+0.05%)

Cryptocurrency Market

Bitcoin (BTC): $106,057
Ethereum (ETH): $2,637.15 (+0.12%)
Solana: $166.48 (−1.83%)

Big Tech & Stocks

NVIDIA (NVDA): $139.19 (+3.25%)
Tesla (TSLA): $358.43 (+0.43%)
Microsoft (MSFT): $458.68 (+0.29%)
Meta Platforms (META): $645.05 (+0.23%)
Apple (AAPL): $199.95 (−0.23%)
Amazon (AMZN): $205.70 (+0.48%)

Forex & Dollar

EUR/USD: 1.1349 (−0.14%)
GBP/USD: 1.3471 (−0.12%)
USD/JPY: 143.812 (−0.24%)

Commodities

Gold: $3,293.65 (−0.71%)
Silver: $32.98 (−0.98%)
WTI Crude: $60.63 (−0.36%)
Brent Crude: $62.41 (−0.46%)

Market Wrap-up

Wall Street saw slight gains as the week concluded, but underlying market anxiety was clear as crypto and commodities weakened following a U.S. appeals court’s decision to reinstate Trump’s broad tariffs – reigniting fears of an escalating trade dispute.

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